Dow Jones Industrial Average DJIA possible SHORT (cont.)
Possible continuation pattern forming, not perfect but could be considered a BEARISH CYPHER if trend continues to target on the short term.
Makes sense to have a small bull trap on the way down, something to keep your eyes on in any case.
USA SHORT TMF + ETFS that i have looked into.
BBUS QQQ QID
DYOR
CYPHER TARGETS ARE THE 618 and 100% retracements of leg C - D but I believe a roll over and further downtrend will continue
not a financial advisor
Makes sense to have a small bull trap on the way down, something to keep your eyes on in any case.
USA SHORT TMF + ETFS that i have looked into.
BBUS QQQ QID
DYOR
CYPHER TARGETS ARE THE 618 and 100% retracements of leg C - D but I believe a roll over and further downtrend will continue
not a financial advisor
Order cancelled
If CYPHER didn't fail the target 1 would have been accomplished.Note
And that't target 2 IMO it is just shy but i would be happy with that, it will continue down though mid term.Note
With both targets hit it will be interesting to see what happens here,We have built some bullish Divergence I wouldn't be surprised if we have a Bullish push back here. not for long though.
Note
DAILY0
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.